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EconomicsGlobal

Natty Gas Breaking Higher?

Long
CFDs on Natural Gas (OANDA:NATGASUSD)  
EconomicsGlobal  
OANDA:NATGASUSD   CFDs on Natural Gas
Trend Analysis Chart Patterns Technical Indicators Natural Gas Commodities naturalgasbuy GAS markets finance invest trade
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trendanalysis chartpattern indicator naturalgas commodities naturalgasbuy gas markets finance invest trade
It appears that Natural Gas is trying to exit a "Channel" formation after its recent sell off.

To add some fuel to the fire, the recent price action has been supported by rising RSI momentum ("Higher Highs and Higher Lows").

If Natural Gas can "Break and Close" above the $2.77-$2.30 level, we could see prices moving higher.
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